Can Kroger Keep Recent EPS Guidance?

The grocer once saw annual EPS growth of 8%-11% but that goal looks difficult to achieve these days.

Kroger (KR: NYSE) By Hilliard Lyons ($21.00, Oct. 12, 2017)

On Oct. 11, Kroger held an investor conference to discuss the industry environment, competitive advantages, strategic direction, and the financial outlook. While competitive forces are not likely to ease anytime soon, in our view, we believe Kroger has strengths that should help it compete and succeed in a dynamic industry environment.